Thanks! I found a 14.25x17 Honda prop on ebay and tried it. As HonDan mentioned I could feel a significant difference at idle. The old big 15x19 prop was pushing a lot of water at idle. Hard to go slow. This smaller one felt 'normal'. Now it runs at 32kts GPS and 6200RPM WOT. So problem solved. However, it is much more sensitive to trim. A couple nudges of trim and I can lose 3-5kts.
RE Engine Position: Same as the old 130. However, though I haven't measured, I feel like this engine sits a little higher, so the vent plate may sit 1/2" above the bottom of the boat. If I lower it another hole, and the plate is a touch below the bottom of the transom, how will that affect performance?
BTW--with the old 130 I was getting around 6k RPM WOT and 29kts GPS. So 15% more HP, 10% more speed.
FYI--I heard that Ken at 'PropGods' had great prop selection expertise, if you are looking.